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Government and Bitcoin

Posted: February 12th, 2018, 6:36 am
by Linda
We know that government regulation of the Bitcoin is inevitable. But why is it happening so slow?
What will be Bitcoin experience look like in 3-5 years when there are more regulations of it? Will it become more popular because people will open more businesses accepting Bitcoin or lose the popularity because of loss of anonymity?

Let's discuss government and Bitcoin relations.

Re: Government and Bitcoin

Posted: February 13th, 2018, 6:47 am
by hugo
Hey Linda, nice questions you're asking.

I think Bitcoin is unkillable. If any gov will try to ban it people will continue using BTC. They will use VPN, Tor, i2p and any other technology to avoid control.
The smartest way to deal with Bitcoin for regulators is become its friend. Like Japan did :D

Re: Government and Bitcoin

Posted: February 13th, 2018, 3:49 pm
by joshuam2563
In these moments its use to be free, to my consideration, is much easier to use, because it has almost no limitations. Once governments issue their regulations, they will begin to develop problems such as traditional currencies. Although by the own characteristics of the cryptocurrency its exchange is much easier. Hopefully the regulations are made under the advice of experts in the field and allow free exchange without so many limitations to use.

Re: Government and Bitcoin

Posted: February 15th, 2018, 7:24 am
by Quot
The regulations come slowly but surely. Give them a few years, and they will implement official laws and taxes in all countries ¯\_(ツ)_/¯